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✅LEGIT – Kucoin Reviews: SCAM or LEGIT? | review


Kucoin Reviews.png

Kucoin is a cryptocurrency exchange that launched in August 2017.

To use the exchange all you need to do is sign up, verify email and enable 2FA.
You can use either mail 2FA or mobile 2FA. You can use Google Authenticator or Authy for this.

The exchange was build to spotlight various coins that are mostly utility focused.

Kucoin has not that many coins listed, and a lot of the coins that are listed are exclusive on Kucoin, which means that if you want to trade certain coins, you are forced to use their exchange.
This is not a bad thing, because Kucoin has a great looking site and great customer support that is pretty active on various social media. When you look at other exchanges they might make you wait for days for a response, but Kucoin usually responds within the same hour, if not in minutes.

Kucoin sports their own coin just like Binance (Binance has BNB), but they offer a few perks that BNB does not have.

The Kucoin coin is called Kucoin Shares, and that coin gives you a dividend on the platform.
You need to buy the coin on their exchange, and hold it in your account to receive a daily dividend.
The daily dividend you get from the shares can differentiate because you get a small piece of the trading fees of that day. The more kucoin shares you hold the bigger amount of dividend you will get. There is a calculator available to calculate the dividend you get, but it is not very accurate.

To get a bonus the account must have at least 6 KCS deposited in their balance and holding it for at least one day.

KCS has a good chance to go up in value since the site buys the KCS back every day, with 50% of the trading fees they made that day.

They have an affiliate program available for webmasters.
Grab your referral link from the referral bonus page, and promote that to receive a part of the trading fee from users. The referral system works on three levels, so you can invite a friend, and if that friend invites someone else, you receive an affiliate commission from both persons.
The bonus is paid in KCS.

I personally use this site a lot since it offers a sleek design, fast deposits, and withdrawals.

Make sure to keep an eye on their twitter account, since they do a lot of giveaways that you can join as a free user with no deposits on the site.

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